Annual capital formation by economic activity — Gross fixed capital in Japan

Japan: Annual capital formation by economic activity — Gross fixed capital was 118.5 Index in 2024. ▲ Rising

Latest (2024)
118.5 Index
Change on year
up 2.8%
World rank
19th
of 26 countries
All-time high
118.5 Index
in 2024
All-time low
87.23 Index
in 2004
Years of data
31
1994–2024

Annual capital formation by economic activity — Gross fixed capital in Japan, 1994–2024

02550751001251994200920241994: 94.3 Index1995: 93.1 Index1996: 95.1 Index1997: 94 Index1998: 91.4 Index1999: 90.1 Index2000: 89.7 Index2001: 89 Index2002: 87.7 Index2003: 87.3 Index2004: 87.2 Index2005: 87.2 Index2006: 88.7 Index2007: 88.8 Index2008: 91.5 Index2009: 89.5 Index2010: 88.9 Index2011: 89.7 Index2012: 88.7 Index2013: 91 Index2014: 94 Index2015: 95 Index2016: 95.6 Index2017: 97.7 Index2018: 98.4 Index2019: 99.2 Index2020: 100 Index2021: 105.5 Index2022: 113 Index2023: 115.3 Index2024: 118.5 Index

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

In 2024, annual capital formation by economic activity — gross fixed capital in Japan stood at 118.5 Index. That is the highest value across all 31 years on record.

That represents a change of up 2.8% on the previous year and up 26.1% over ten years.

Over the whole period, annual capital formation by economic activity — gross fixed capital in Japan peaked at 118.5 Index in 2024 and was at its lowest, 87.23 Index, in 2004.

Japan ranks 19th of 26 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Annual capital formation by economic activity — Gross fixed capital in Japan, year by year

Annual values for Annual capital formation by economic activity — Gross fixed capital formation in Japan, 1994 to 2024.
Year Index Change
1994 94.32 Index
1995 93.07 Index -1.3%
1996 95.13 Index +2.2%
1997 93.96 Index -1.2%
1998 91.37 Index -2.8%
1999 90.07 Index -1.4%
2000 89.66 Index -0.5%
2001 88.95 Index -0.8%
2002 87.67 Index -1.4%
2003 87.33 Index -0.4%
2004 87.23 Index -0.1%
2005 87.25 Index +0.0%
2006 88.68 Index +1.6%
2007 88.84 Index +0.2%
2008 91.53 Index +3.0%
2009 89.52 Index -2.2%
2010 88.87 Index -0.7%
2011 89.65 Index +0.9%
2012 88.73 Index -1.0%
2013 91.05 Index +2.6%
2014 93.98 Index +3.2%
2015 94.95 Index +1.0%
2016 95.63 Index +0.7%
2017 97.69 Index +2.2%
2018 98.41 Index +0.7%
2019 99.23 Index +0.8%
2020 100 Index +0.8%
2021 105.54 Index +5.5%
2022 113.01 Index +7.1%
2023 115.31 Index +2.0%
2024 118.5 Index +2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.99 Index 90.07 Index 95.13 Index 6
2000s 88.67 Index 87.23 Index 91.53 Index 10
2010s 93.82 Index 88.73 Index 99.23 Index 10
2020s 110.47 Index 100 Index 118.5 Index 5

Countries ranked near Japan

  1. 16 Denmark 125.11 Index compare
  2. 17 Spain 123.73 Index compare
  3. 18 Israel 121.02 Index compare
  4. 20 Belgium 117.57 Index compare
  5. 21 Greece 116.88 Index compare
  6. 22 France 115.96 Index compare

See the full ranking of 35 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is annual capital formation by economic activity — gross fixed capital in Japan?
Annual capital formation by economic activity — gross fixed capital in Japan was 118.5 Index in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual capital formation by economic activity — gross fixed capital recorded in Japan?
The highest recorded value was 118.5 Index in 2024.
What is the lowest annual capital formation by economic activity — gross fixed capital recorded in Japan?
The lowest recorded value was 87.23 Index in 2004.
How does Japan rank for annual capital formation by economic activity — gross fixed capital?
Japan ranks 19th out of 26 countries with data for 2024.
Is annual capital formation by economic activity — gross fixed capital rising or falling in Japan?
Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
Where does this Japan data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual capital formation by economic activity — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Annual capital formation by economic activity — Gross fixed capital in Japan. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/annual-capital-formation-by-economic-activity-gross-fixed-capital-formation/japan/

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About this data

Indicator
Annual capital formation by economic activity — Gross fixed capital formation
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
35 places, 1,201 data points, 1959–2025
Last refreshed

This table presents gross capital formation, gross fixed capital formation (GFCF, or investment), changes in inventories and acquisition less disposals of valuables broken down by detailed industries based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). GFCF is also available broken down by type of non-financial asset, which can be selected using the ‘Financial instruments and non-financial assets’ filter. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but it is also possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE8A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org